In this update we review the bullish sequence in the AUDJPU identifying a high probability trade location and targets
Broken downtrend after the end of the pullback is offered for purchase up to the previous ceiling
AUDJPY decline from wave 3 high took the shape of Elliott Wave 3-3-5 sequence known as Flat Pattern. This pattern is a corrective pattern and it is in the position of wave 4 in AUDJPY's case. Both Wave 2 and 4 follow EW alternation guidelines. Wave 2 was a sharp and deep correction (retraced 78.6% of wave 1) and Wave 4 correction is a sideway and retraced 38.2...
DISCLAIMER ON, this is my personal trading plan, audjpy break from falling wedge pattern, trading strategy buy stop : 84.200 - SL: 83.745 - TP 84.970
We consider buying this AUDJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
DISCLAIMER ON, this is my personal trading plan, AUDJPY timeframe H1 forming continuation "falling wedge pattern" and price breakout from the line, SL max 84.540 - TP 87.080
DISCLAIMER ON, this is my personal perspective and analysis, audjpy potentially forming bullish Pennant (4 swings) or symmetrical triangle (more then 4 swings) we waiting for the price action ( candle rejection or impulsive bullish candle ) from the square area or waiting for breakup pattern. target price 87.080
In this update we review the current corrective cycle in the AUDJPY and identify a high probability trade location
1. At lower border of modified Schiff pitchfork. 2. Frequency shift done - as above so below 3. Developing RSI divergence
This is my idea on AUDJPY pair. Expecting price to rise to 85.122
Bullish Pennant spotted on AUDJPY H4. If AUD continues to remain strong and JPY weakens then we could accomplish this Bullish pennant
After the correction from 85 to 77 strong support, AudJpy has resumed its up-trend, recovered losses, and is trading now just in the old local high zone. For 2 weeks now the pair is consolidating gains and is putting in a small continuation triangle on our daily chart (visible, of course also on small TFs) At this point, AudJpy looks ready for a break up and the...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. AUDJPY in daily timeframe ,In this symbol we are inside a wave a of zigzag, this wave a is formed in the form of five leading waves and in the form of a leading triangle. From this wave, waves 1, 2, 3 and probably wave 4 are over and now we are inside wave 5. Wave 5...
Hi traders, This is my idea for today. Good AU reports and preatty bad JP reports should drive AUD up against JPY. Also this pair is in bull channel. My target for today is 86.00, if it breaks, can go to 62.25. Feel free to comment your opinion !
AUDJPY looking forward to see that bullish move come in due to the weakening of the YEN eceonomy.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
AUD - Strong Bullish 1️⃣ The risk-on market environment supports the AUD. 2️⃣ Rising iron ore prices in China have also been one of the main catalysts in AUD strength. 3️⃣ Investors also welcomed the resumption of U.S.-China talks, after U.S. Treasury Secretary Janet Yellen and Chinese Vice Prime Minister Liu He discussed macroeconomic and financial developments...
The bullish run has purged the previous high, this should now create enough liquidity for a shift in direction. I would like to see a collapse from the AUD over the next few days with the assistance of the RBA. Do you think this setup is feasible?